Corner Mixed-Use
For Sale
$895,000
4787 SW Highway 101, Lincoln City, OR 97367
Commercial building with an apartment and garage on a corner lot along Hwy 101.
Property Size6,346 SF
Price / SF$141.03
Days on Market63
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 4787 SW Highway 101
General Information
Standard status
Active
Size
6,346 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
1955
Listing Agency:
Taylor & Taylor Realty Co.
Listed By:
Tamara Zimmerman · License #961000002
(541) 994-9111
Source:
Wyndeekono
Added: Aug 14
Changed: Oct 3
Last Checked: Oct 7 at 5:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Taylor & Taylor Realty Co.
Investment Insights
Based on property information with market context.
This 6,346-square-foot mixed-use building was constructed in 1955 and includes both an apartment and a garage. The property occupies a corner lot along SW Highway 101, providing a prominent position within Lincoln City’s Historic Taft District.
Located at 4787 SW Highway 101 in Lincoln City, Oregon, the building combines commercial space with residential and accessory components. Potential uses should be evaluated through the buyer’s due diligence process.
Located at 4787 SW Highway 101 in Lincoln City, Oregon, the building combines commercial space with residential and accessory components. Potential uses should be evaluated through the buyer’s due diligence process.
Key Highlights
- 6,346‑square‑foot mixed‑use building
- Apartment included within the property
- Garage included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,161
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,163,220
$1.2M
Cap Rate 7%
$830,871
$830.9K
Cap Rate 9%
$646,233
$646.2K
Market Conditions
NOI Build-Up for 6,346 SF
Gross rent
$99.0K $15.60/SF
− Vacancy
−$5.9K −$0.94/SF
EGI
$93.1K $14.66/SF
− OpEx
−$34.9K −$5.50/SF
NOI
$58.2K $9.17/SF
Area
Lincoln County, OR
Vacancy
6.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,163,220
Cap Rate 7%
$830,871
Cap Rate 9%
$646,233
Alternative Uses
Best Use
Mixed Use
$830.9K
$727.0K – $969.4K
NOI $58,161 @ 7.0% cap · market cap 6.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M
NOI $115,867 @ 7.0% cap · market cap 12.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
225
Businesses Nearby
Explore this area
Business Placement
Demographics for 97367, OR
11,095
Population
8,138
Households
1.4
Avg Household Size
53
Median Age
29%
College-Educated
91%
High-School Grad
45.7 sq mi
ZIP Area
243
Density / Sq Mi
$58,845
Median Household Income
$37,370
Median Earnings
$1,333
Median Rent
$388,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial building with an apartment and garage on a corner lot along Hwy 101.
Where is this mixed-use property located?
The property is located at 4787 SW Highway 101 Lincoln City, OR.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 6,346‑square‑foot mixed‑use building; Apartment included within the property; Garage included
